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Nov 28, 2012
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john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and the negotiations that take place. lou: meanwhile, according to the white house, everything is not on the table, the table that a president is not scheduled to be seated at. carney confirmed that president obama will not find any extension of the bush tax cuts for the top 2% of the earners in the nation, and a look at the president's schedule for the remainder of this week shows nothing in the way of negotiations on it. the president reverting back to campaign mode as the white house decided to lobby for public support of his fiscal cliff policy positions rather than negotiate a compromise. president obama believing he won a mandate with 51% of the popular vot
john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and the negotiations that take place. lou: meanwhile, according to the white house,...
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Nov 27, 2012
11/12
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boehner so there hasn't been a lot of concrete progress, but there is total progress in terms of the mood that members take into this. over the weekend we heard republican senators, as you alluded to, larry, breaking the so-called grover norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both sides, and especially from democrats, does not necessarily have to mean increases in tax rates. it is possible, if you look at the estate tax, if you look at the treatment of dividends, capital gains and carried interest and take a look at loopholes and deductions to raise a significant amount of revenue from people at the top without changing the marginal rate, layery. >> ve
boehner so there hasn't been a lot of concrete progress, but there is total progress in terms of the mood that members take into this. over the weekend we heard republican senators, as you alluded to, larry, breaking the so-called grover norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a...
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Nov 26, 2012
11/12
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president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews over the last two days. >> i agree we shouldn't raise rates but i think grover is wrong whether it comes to we can't cap deductions and buy down debt. what do you do with the money? i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseens aware. i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to
president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews...
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Nov 26, 2012
11/12
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boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a product the doom and gloomers had rin owritten o still born a few weeks ago like the iphone 4, by the way? i believe the chinese momentum is lasting. europe, total black box. one being minimized in its importance for american companies. the fis acal cliff, i saw a ste backward in positions. those who think rising above is a political judgment, when it is a judgment about the need to rid washington of politics. that even a fool knows it's ruining this great country. bottom line, g
boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad...
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Nov 28, 2012
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boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with small business owners, business leaders and middle class americans, not to mention a trip scheduled for friday to pennsylvania. a state he won by five points in the election, to sell american voters on a tax plan he has very loudly and clearly said he's already sold them on. mark warner is a member of the senate's bipartisan gang of eight. they've been workin
boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the...
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Nov 26, 2012
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he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make you more willing to invest? >> i'll tell you what. i saw spielberg's "lincoln" over the weekend and it was incredible because it reminded me how nothing has changed on capitol hill. >> i agree with you 150%. >> in 150 years. >> don't you get tired of everybody saying, oh, washington is a mess right now. it's never been this bad. it's always been this bad. you see that in the movie. >> well, we had a civil war in the -- >> some say it's never been worse. it's been worse. >> go ahead, bill. do you think they can pull this off? >> the one thing it reminds us is yo
he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make...
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john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2
john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd#...
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our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house economic team. so we saw all sides of this. the good news is we all agree this is an opportunity to show the rest of the world we know how to run our house economically. they all want to make a deal, three, they all agree it's a $4 trillion number and four, they all agree -- there's three kmoents. we've got reform entitlement, raise revenue and reduce spending. so those are all the good things. you want to know the bad news. >> yeah, i guess. >> yeah. okay. so the bad news is nobody's really decided how much of that $4 trillion goes into each of the three buckets. so r
our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house...
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>> reporter: we heard from speaker john boehner who said that treasury secretary geithner did not come with a substantive plan in terms of spending cuts. we know the republicans were hoping when the treasury secretary came here to capitol hill, that he would have laid out some serious spending cuts because the republicans are saying if we're putting revenue on the table, we need to see some serious spending cuts from the white house. i think it's important to note the difference between what is said in public and what is said in private. these meetings are held in private. in public lawmakers are sounding a little tougher. here's the senate majority leader on the senate floor earlier today. >> for four months house republicans have refused to act. instead, they've held the middle class hostage to protect the richest 2% of taxpayers, people who enjoy a decade of ballooning income and shrinking tax bills. >> reporter: so that is the public sentiment from the senate majority leader, blasting the republicans for not passing the tax cuts for the middle class. in private, though, it sounds l
>> reporter: we heard from speaker john boehner who said that treasury secretary geithner did not come with a substantive plan in terms of spending cuts. we know the republicans were hoping when the treasury secretary came here to capitol hill, that he would have laid out some serious spending cuts because the republicans are saying if we're putting revenue on the table, we need to see some serious spending cuts from the white house. i think it's important to note the difference between...
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Nov 28, 2012
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that's what john boehner said last january. and yet just a few months later, with that voting record and with that stated understanding of how bad it would be for this country to not raise the debt ceiling, there was john boehner, leader of the congressional republicans, threatening to not raise the debt ceiling. e threatening default after decades of voting to raise the debt ceiling, no questions asked under president bush, under president obama the republicans decided they were not going to do it anymore. right around this time last year, republicans threatened to let the country go into default unless president obama met their demands. they explicitly recognized it would cause harm, but they were happy to do that. they were willing to incur that it harm. to inflict that harm on the country in order to get other stuff that they wanted. and in the end, those threats from republicans did hurt the country. for the first time in our history, the united states because of that brinksmanship, lost our perfect aaa credit rating. the
that's what john boehner said last january. and yet just a few months later, with that voting record and with that stated understanding of how bad it would be for this country to not raise the debt ceiling, there was john boehner, leader of the congressional republicans, threatening to not raise the debt ceiling. e threatening default after decades of voting to raise the debt ceiling, no questions asked under president bush, under president obama the republicans decided they were not going to...
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Nov 26, 2012
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john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john, between chambliss, graham, and corker, and with regards to the norquist pledge, have we reached some critical mass here? are we at a tipping point or not? >> well, we are in the senate, but, of course, we have been. you had a lot of senators in 2011, the gang of six, which ultimately swelled to a much larger number who were willing to do it. the real difficulty in the house. of course, they've had their majority re-elected, although in a smaller, slightly shrunken forum. i think he perceives a different environment. i think some of those members wi. now they've got to get a deal that will pass. >> t
john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john,...
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>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest. by having this cover john boehner could actually have the flexibility to negotiate with the white house maybe something that doesn't go as far as the white house and tom cole want, but some other kind of middle ground. something we didn't see in the 2011 negotiations over the debt ceiling. >> meanwhile john boehner is being pretty elusive about what the specifics, the details are. i want to play a little bit of what he said today at his weekly briefing. >> revenue is on the table. but revenue was only on the table if there were serious spen
>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest....
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what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might
what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the...
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Nov 22, 2012
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it looks like john boehner is trying to do two things here. he's keeping tea partyers on the side by taking a hard line on obama care. he's also trying to muddy the negotiations by putting obama care on the table. none of this is likely to help both sides reach a deal. here comes senator lamar alexander, who once said obama care would be the end of the democratic party. >> i think it's a political kamikaze mission for the democrats to insist on this. >> obama care passed and it did not kill off the democratic party. there's no reason to listen to these guys. so it's hard to understand why democratic senator michael bennet of colorado is teaming up with lamar alexander to do anything. they've introduced a plan to put off the fiscal cliff deadline. according to senator alexander, the plan simply pushes the pause button on all elements of the fiscal cliff, extends everything for a year, and then gives us six months in which to reform entitlements and reform taxes and reduce the debt. are you kidding me?! push the pause button? we already pushed t
it looks like john boehner is trying to do two things here. he's keeping tea partyers on the side by taking a hard line on obama care. he's also trying to muddy the negotiations by putting obama care on the table. none of this is likely to help both sides reach a deal. here comes senator lamar alexander, who once said obama care would be the end of the democratic party. >> i think it's a political kamikaze mission for the democrats to insist on this. >> obama care passed and it did...
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but jim, the basic deal was, okay, john boehner acknowledging what this was. putting this on the table and he said this a million times in return for some. modest reform. while the biggest stuff waits for next year. if the democrats say it is off the table and if harry reid is trading bars with mitch mcconnel, what is up here. senator durban said, it shouldn't be ps deal. i don't think there is a bar gain to be had. it is a win win for alabama. he is going to get the tax hikes or the rb ares will say no deal and he gets the tax hikes which is what he will prefer anyway. that is a big pot of money he can use for whatever he wants. they are still not going to be a deal. baker, democrats saying there is no problem with social security, even though the piece in the "wall street journal" today said they are $20 trillion in the hole. they said they are $40 trillion in the hole. how can democrats argue that with a straight face. i know that stuff inside and out. most of those shortfalls are in the 22nd century. we don't have a big problem with those programs. in fact
but jim, the basic deal was, okay, john boehner acknowledging what this was. putting this on the table and he said this a million times in return for some. modest reform. while the biggest stuff waits for next year. if the democrats say it is off the table and if harry reid is trading bars with mitch mcconnel, what is up here. senator durban said, it shouldn't be ps deal. i don't think there is a bar gain to be had. it is a win win for alabama. he is going to get the tax hikes or the rb ares...
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that's house speaker john boehner's office. they were demanding on a serious front demanding funding to fight aids. >> oh, my goodness. >> seven of them will be joining us, fully clothed i'm hoping, to talk about what sparked their protest, what they're hoping to gain, plus she sold 100 million records in a decade. a career that spanned five decades, dionne warwick is our guest. going to talk about her new album, my father is in love with dionne warwick so he'll be all excited about that. much more coming up this morning on "starting point." >> did you invite your father in? >> he can watch it on tv. of course. >> we'll be getting up -- >> oh, my gosh, soledad. thanks. >> you bet. >> black ice and snow causing some trouble after yesterday's storm in the northeast. now, new storm's rolling into the northwest this morning. alexandra steele with the extreme weather center where -- putting the extreme in extreme weather. >> it looked pretty yesterday for a minute. >> oh, i bet. six inches in portions of new jersey. so we've got two
that's house speaker john boehner's office. they were demanding on a serious front demanding funding to fight aids. >> oh, my goodness. >> seven of them will be joining us, fully clothed i'm hoping, to talk about what sparked their protest, what they're hoping to gain, plus she sold 100 million records in a decade. a career that spanned five decades, dionne warwick is our guest. going to talk about her new album, my father is in love with dionne warwick so he'll be all excited about...
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there's no way even in aggregate a market could decide what's going on in harry reid or john boehner's brain in anything is going on in begin with. if you look at treasuries overlaid on top of equities, until mr. boehner's comments, the treasuries have taken the big picture on all of this. they're not going anywhere fast. fiscal cliff is important, but there's a lot of issues for the next several years that are going to be important to the treasury market. once his comments were made, equities got a little volatile. you can see that was it. the treasury traders pretty much stopped trading, and it's been light volume ever since. >> but one issue, i guess, isn't there so much room to disappoint this market? given the fact the it is moving so much on any commentary out of washington, if we go over the fiscal cliff by december 31, is there a big opportunity for this market to sell off? it doesn't seem like it's priced in that we go over. >> maria, if we go over the cliff, sure, we're going to have a reactionary selloff. when you look at the fed now talking about qe-4, economic statistics a
there's no way even in aggregate a market could decide what's going on in harry reid or john boehner's brain in anything is going on in begin with. if you look at treasuries overlaid on top of equities, until mr. boehner's comments, the treasuries have taken the big picture on all of this. they're not going anywhere fast. fiscal cliff is important, but there's a lot of issues for the next several years that are going to be important to the treasury market. once his comments were made, equities...
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i think that's what john boehner's constituents are telling him. that's what all the other congressional leaders are hearing from their people. now, as a practical matter, that's very difficult because it's a very diverse country. you've got incredibly diverse and strongly held views on both sides. i do think the fact that voters have just spoken in an election and have sent a message that they want things to get done, that's a powerful propellant in washington to get things done, which is why we've seen behind me at the white house a parade of people going in to meet with secretary geithner, with the white house chief of staff, with the president. we have more coming tomorrow. lloyd blankfein of goldman sachs. this is an effort by everybody to try to marshall whatever influence these people have with lawmakers to try to get something done. >> okay, john. thank you. john harwood live from the white house. >> we look forward to seeing your home movies of ohio later, i guess. >>> lottery players everywhere, reason up. did you know the dreaded fiscal
i think that's what john boehner's constituents are telling him. that's what all the other congressional leaders are hearing from their people. now, as a practical matter, that's very difficult because it's a very diverse country. you've got incredibly diverse and strongly held views on both sides. i do think the fact that voters have just spoken in an election and have sent a message that they want things to get done, that's a powerful propellant in washington to get things done, which is why...
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boehner. dan lothian is at the white house. dan, what do you know? >> reporter: well, this is the second phone conversation now that the president has had with speaker boehner with regards to the fiscal cliff. this call, according to a source familiar with it, told me it lasted for 28 minutes. this official saying it was hardly short or curt, as had been reported by some news outlets. and my colleague, jessica yellen, heard from another source that said that the president told speaker boehner that he felt that rates had to go up on wealthy americans and that there would be no deal without that. so clearly, there is still some distance between the two sides here. the president believing that wealthy americans need to pay more. those bush era tax cuts should not extend for them. republicans believing that all americans should benefit from those tax cuts, and that now you should put en titlements on the table. of as we see, the officials from the white house going up to capitol hill today, treasu
boehner. dan lothian is at the white house. dan, what do you know? >> reporter: well, this is the second phone conversation now that the president has had with speaker boehner with regards to the fiscal cliff. this call, according to a source familiar with it, told me it lasted for 28 minutes. this official saying it was hardly short or curt, as had been reported by some news outlets. and my colleague, jessica yellen, heard from another source that said that the president told speaker...
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. >>> seven protesters bared it all outside speaker john boehner's office. three women were arrested by capitol police on charges of lewd and indecent acts. they were protesting possible cuts to aids research. >>> finally, i know you've been waiting for it, the todd akin story. the defeated missouri senate candidate who drew international notoriety after his legitimate rape remark tells the "st. louis post dispatch" he's actually considering taking advantage of his newfound fame by writing a book. >>> and before i get to my must-read, i want you to know that i greatly respect the constitution and the bill of rights. but today i argue for abridging our rights in this one instance. parents should not be able to saddle their children with crazy names that will haunt them all their days on earth. so today's must-read is about a baby whose name makes gwyneth paltrow's apple and jason lee's pilot inspector look down right biblical. here's a hint. this kid is going to grow up hating twitter. you want no to know what they named him? it's on our facebook page. try th
. >>> seven protesters bared it all outside speaker john boehner's office. three women were arrested by capitol police on charges of lewd and indecent acts. they were protesting possible cuts to aids research. >>> finally, i know you've been waiting for it, the todd akin story. the defeated missouri senate candidate who drew international notoriety after his legitimate rape remark tells the "st. louis post dispatch" he's actually considering taking advantage of his...
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obviously two key players are john boehner and the president. look, i would say -- i heard your previous speakers, if you will. i think it's so much easier, andrea, just to lay out the policy now than it is to try to negotiate a two-step or three-step process. i've written a 242-page bill that lays out the policies. the tax portions are just four pages long, so i sure hope that people will stop talking about the fact this is just too hard to do. we have a menu of options, all of which have been scored. this congress has had two dry runs. we've been through this more than any congress ever in the history of our country. and really, we just have to make some tough decisions. they're going to be equally painful three months from now, nine months from now, two years from now. as a matter of fact, at that point they'll have to be even more draconian. we can do this now, we know what the options are. let's make the decisions, get them behind us. it does appear that speaker boehner and the president are open to talking about revenues with entitlement r
obviously two key players are john boehner and the president. look, i would say -- i heard your previous speakers, if you will. i think it's so much easier, andrea, just to lay out the policy now than it is to try to negotiate a two-step or three-step process. i've written a 242-page bill that lays out the policies. the tax portions are just four pages long, so i sure hope that people will stop talking about the fact this is just too hard to do. we have a menu of options, all of which have been...
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Nov 22, 2012
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i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil politician ever, a mini series that i've watched a million times and i've been addicted to for years, i am happy, i am thankful, i am thankful that "house of cards" is being remade by kevin spacey and it comes out in february. i'm thankful for nbc white house producer, shauna thomas, who sent us this picture for the lines of early voting in houston this year. and we posted that online and that led to our viewers from all over the country sending us pictures of long lines when you guys went to vote early, which helped us bring national coverage to the issue of just how long people were waiting in line to
i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil...
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Nov 29, 2012
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. >>> out front next today, president obama and speaker of the house john boehner both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions tonight. let's go "out front." >>> good evening, everyone. i'm erin burnett, outfront tonight, an early christmas miracle. or at least the glimmer of one today. barack obama bringing glad ti tidings of great joy to avoid the fiscal cliff. >> i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from eithe
. >>> out front next today, president obama and speaker of the house john boehner both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions...
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Nov 28, 2012
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john boehner, speaker of the house, said he's optimistic a deal could be done. we rallied another 70 or 80 points at noon as president obama said he was trying to make a deal on the fiscal cliff by christmas. that's what the market wants to hear, they want a date. then we had a little bit of move towards the close as we heard qe-4 may be coming at the next fed meeting. that would be no surprise. we've been talking about that for a while. take a look at housing stocks. they did not participate in the rally. unusually down beat news here from the october new home sales. september revised to the downside as well. i think the problem here is the inventory of new homes is very limited right now in a lot of parts of the country. that limited the up side. retail stocks had a good day. express had positive comments as well as american eagle. >> thank you, bob. labor making its voice heard on the fiscal cliff. we're going to speak with the head of the service employees international union, seiu. they're hot on protecting social security, medicare and medicaid from any cu
john boehner, speaker of the house, said he's optimistic a deal could be done. we rallied another 70 or 80 points at noon as president obama said he was trying to make a deal on the fiscal cliff by christmas. that's what the market wants to hear, they want a date. then we had a little bit of move towards the close as we heard qe-4 may be coming at the next fed meeting. that would be no surprise. we've been talking about that for a while. take a look at housing stocks. they did not participate...
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Nov 26, 2012
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the real negotiations are going to happen between president obama and house speaker john boehner. it's a lot different animal than the senate gop conference. so that's the sort of bad news. while we hear a lot of this going forward and it seems to be pos tish, when you get down to the nitty-gritty and aides and those chose to president obama, there's not been a lot of movement on the taxive of what to do. republicans don't want to touch that. democrats want that. they feel they have a mandate from the election. that is the issue we said is going to be the linchpin for the last three months. it continues to be there. there is no movement on that. and until there's movement on how to come up with that type of revenue, 250 and above, we're going to keep having the same conversation about ongoing negotiations, talking points from both sides. >> luke russert getting down to the nitty-gritty. stephanie, let's get down to the markets. they put our chances of going over the cliff at about 5%. so why is the market freaking out? >> you know the market always wants to be a bull but it doesn'
the real negotiations are going to happen between president obama and house speaker john boehner. it's a lot different animal than the senate gop conference. so that's the sort of bad news. while we hear a lot of this going forward and it seems to be pos tish, when you get down to the nitty-gritty and aides and those chose to president obama, there's not been a lot of movement on the taxive of what to do. republicans don't want to touch that. democrats want that. they feel they have a mandate...
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Nov 28, 2012
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. >> hoping to get some positive comments from john boehner. he is optimistic. a nice little boost. from negative to positive to the session highs, no 50 points away from dow 13,000 once again. the dow once again up 73 points. you have a lot of winners. the banking index is still under some pressure, but retailers are really stealing the show. many are doing well for a variety of reasons. take a look at costco. the money they're paying out to shareholders ahead of the fiscal cliff wall to get the dividend ahead of the higher tax rate, so costco joins many come over 100 companies that have done much of the same. paying out dividends so you can pay less taxes. melissa: thank you so much. lori: so thoughtful of the company. president obama invited middle-class americans to the white house to showcase those would be most affected a certain tax cuts are not extended. peter barnes live at the white house. >> 85 middle-class taxpayers joining the president at this event part of a pr push to drive them to extend tax cuts for middle-class taxpayers let them expire for wealthier taxpayers. ta
. >> hoping to get some positive comments from john boehner. he is optimistic. a nice little boost. from negative to positive to the session highs, no 50 points away from dow 13,000 once again. the dow once again up 73 points. you have a lot of winners. the banking index is still under some pressure, but retailers are really stealing the show. many are doing well for a variety of reasons. take a look at costco. the money they're paying out to shareholders ahead of the fiscal cliff wall to...
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. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback from the fiscal cliff. house speaker boehner and his colleagues in the congressional leadership have founded conciliatory notes about their prospects that sounds like good news here at the local chamber of commerce here in middle town but only up to a point. >> i want to be confident. i want to be optimistic but no i think i would rather be veered at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the
. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback...
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john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a hero to house republicans. >> he is. i think it's important to note that grover norquist has not always been completely against all revenues. they're moving in terms of putting revenue on the table that's not marginal increases. i think grover gets a little bit of a bad rap on being an opponent to anything that involves anything in any way. i don't think they're distancing that much on that topic. but it is a move for republicans who have admitted we need to raise more revenue. the question is how. can we do it by eliminating mortgage deductions, by charitable deductions, by capping the number of deducti
john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a...
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Nov 29, 2012
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what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> good morning to you. welcome back. 24 minutes past the hour. christine is minding our business. >> i am. stock futures are up.
what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the...
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Nov 27, 2012
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cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he poisoned? he died suddenly of a stroke, supposedly, in 2004, but a swiss lab said this summer that it found traces of a radioactive substance on his clothing. >>> the u.s. soldier accused of giving state secrets to wikileaks will speak for the first time since his arrest in 2010. bradley manning will testify today at a pre-trial hearing. he is expected to talk about his treatment, saying he's already been punished by being in solitary confinement. >>> you're not going to believe this. the pope mobile used by pope john paul ii on his visit to ireland in 1979 is now going to be used as a party rental. the "irish times" rep
cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he...
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Nov 29, 2012
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is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sue, on a lighter note, it looks like there are negotiations going on up here. i just saw a plate of lunch being brought in to the room where we believe that secretary geithner is sitting right now. we're also seeing some of the aides go in and out of that room as well. so clearly deals are being crafted here.
is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events....
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if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast majority of democrats support it. more than 40% of the republicans support this proposal. the republicans need to show us that they can help lead this country. senator durbin? >> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats ha
if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast...
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boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal i
boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be...
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we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> want to show you a live shot of tahrir square in cairo that is packed with protestors, of course. he's trying to take on near absolute power, allowing him to legislate by decree. basically very little court oversight. he tried to walk some back, b
we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result,...
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president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama has not reined in spending. all he did is demand $1.6 trillion of tax increase so he
president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to...
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and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsiblity for my mistakes because they are my mistakes and mine alone. that last part is significant, because his wife, sandy jackson, here in the city of chicago, according to "the wall street journal," is also part of this federal investigation. so, very interesting that jesse jackson jr. in his resignation letter to john boehner mentioned that these problems are mine and mine alone. people in chicago are watching very closely, will sandy jackson, his wife, try to get his seat that is now, of course, open? we've not heard from jesse jackson jr. or jesse jackson sr. we have heard, though, from bobby rush, u.s. representative a
and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsiblity for my mistakes because they are my mistakes and mine alone....
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Nov 29, 2012
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. >> senate majority leader harry reid digging in his heels, referring to house speaker john boehner when asked about the republican's position that the ball is in the democrat's court. he said he doesn't understand his brain. we'll hear what reid's nevada constituents think about the job he's doing. >>> also, could our debt mean the death of the dollar bill? i don't mean the value of the dollar. i mean the actual dollar bill. it may be on the endangered species list. stay with us. back in a moment. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. chevron ceo john watson telling me exclusively today that the second largest u.s. energy company is moving forward on investments despite fiscal cliff concerns. we be
. >> senate majority leader harry reid digging in his heels, referring to house speaker john boehner when asked about the republican's position that the ball is in the democrat's court. he said he doesn't understand his brain. we'll hear what reid's nevada constituents think about the job he's doing. >>> also, could our debt mean the death of the dollar bill? i don't mean the value of the dollar. i mean the actual dollar bill. it may be on the endangered species list. stay with...
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speaker john boehner is threatening to take us to the brink again by refusing to raise the debt ceiling unless he gets what he wants in the tax fight. he told the president, quote, it's my leverage. he said, quote, there's a price for everything. over in the senate, gop leader mitch mcconnell is striking the same tone. >> look, we already know the president's a very good campaigner. we congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement. >> mr. one-term-president mcconnell is resorting to name-calling. the gop lost because of this attitude. and now they're just looking like a lost cause. joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsivene
speaker john boehner is threatening to take us to the brink again by refusing to raise the debt ceiling unless he gets what he wants in the tax fight. he told the president, quote, it's my leverage. he said, quote, there's a price for everything. over in the senate, gop leader mitch mcconnell is striking the same tone. >> look, we already know the president's a very good campaigner. we congratulate him on his re-election. what we don't know is whether he has the leadership qualities...
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simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other side of the atlantic. we talk about europe all the time. you know the dynamics within that. looking forward, goldman sachs is actually suggesting you will make more money in european equities next year than you will in american equities. they believe that the dow jones stock's 50 will climb higher to 3,000. that's a 16% gain on that market. on the broader market next year in europe, goldman sachs thinks you will make 18%. its projection here for the s&p is for a gain of only 11% or 12%. it may be that you'll make more money according to goldman sachs next year
simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other...
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. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out wha
. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the...
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john boehner, the house speaker delivers his comments and now the president a couple hours before he meets with several of the nation's ceos on the economy and the fiscal cliff. let's go down to washington and get some reaction from our john harwood, who's been listening in. john, i think it's fair to say that the house speaker sounded a bit more conciliatory today, saying things like he's willing to put revenue on the table, yet again he's optimistic a deal can be reached. i'm not sure the president sounded so much. >> reporter: what you heard there, scott, was the president trying to leverage his advantage in public opinion. remember a couple things, first he just won the election. second of all, his position on raising taxes on top earners is very popular in the country, well over 60% of the american people say they want that to happen. you've begun to hear some republicans say they ought to do what the president just asked for. tom cole, a conservative congressman from oklahoma, former executive director of the republican national committee. he said yesterday republicans should j
john boehner, the house speaker delivers his comments and now the president a couple hours before he meets with several of the nation's ceos on the economy and the fiscal cliff. let's go down to washington and get some reaction from our john harwood, who's been listening in. john, i think it's fair to say that the house speaker sounded a bit more conciliatory today, saying things like he's willing to put revenue on the table, yet again he's optimistic a deal can be reached. i'm not sure the...
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Nov 22, 2012
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in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward. >>> secretary clinton and president obama and mahmoud morsi brokeringed a cease-fire. no sirens, have you heard any? >> reporter: no, that's right, alex, all quiet, no sirens here. there were a couple earlier in the day in the south. they turned out to be false alarms. the cease-fire went into effect 9:00 last night local time, which is about 18 hours ago. so it's a hopeful sign. of course, it's early days yet. when the cease-fire was announced yesterday, the palestinians in gaza were ecstatic. there was celebration, thousands of people in the streets firing guns into the air for celebration. in tel avi
in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward....
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Nov 27, 2012
11/12
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the president himself did speak with speaker john boehner on the phone over the weekend. there was that meeting with the lawmakers, the leadership just before the president went overseas on his southeast asia trip. but so far, no additional meetings that we know of on the schedule for the president to sit down with congressional leadership to try to hammer this out. i can tell you that i spoke with an administration official who told me that treasury secretary timothy geithner will be playing a leading role in these live in negotiation negotiations -- fiscal cliff negotiations. gene spellering, an adviser and rob neighbors. again, it will be timothy geithner taking the leading role. we expect behind the scenes the president himself is actively involved. we don't know of any additional meetings that will be taking place. yes, you know, you do hear from some republicans who are saying you know, where is the leadership from the president. they want to see the president more actively involved. the president will be hitting the road this friday to make his case for these middl
the president himself did speak with speaker john boehner on the phone over the weekend. there was that meeting with the lawmakers, the leadership just before the president went overseas on his southeast asia trip. but so far, no additional meetings that we know of on the schedule for the president to sit down with congressional leadership to try to hammer this out. i can tell you that i spoke with an administration official who told me that treasury secretary timothy geithner will be playing a...
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Nov 27, 2012
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boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason
boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is...
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Nov 26, 2012
11/12
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finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year. >> one of the sort of controversial men in the middle here has been grover norquist, one of the few guys in washington who goes by his own name, grover. his first name, i should say. there are reports that some republicans who signed his no tax hike pledge are backing away from him. in the "wall street journal" saturday, he said, no, nobody's backed off. what's the truth here? >> well, he's wrong about that. they are backing away from him. but i have to say, tyler, this is an issue that's much bigger than grover norquist pcht republican party has staked out tax issue for a long time. it is not because
finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year....
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Nov 21, 2012
11/12
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is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81% of the time. the average market gain when pessimism has gotten to this low a level has been about 7%. i think when you look at the basic, you know -- we have three rules to guide our tactical trading. don't fid the fed. obviously on our side. don'
is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the...
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Nov 26, 2012
11/12
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boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill. that will continue. we hope to see progress. >> and meeting with the leaders? >> i don't have any scheduling updates, but you stole my thunder a little bit, but, yeah, he spoke with speaker boehner and senator reid over the weekend and, you know, he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, you know, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. >> again, jay carney there moments ago speaking at the white house daily briefing. and if this fiscal cliff is allowed to happen on
boehner, they all spoke with the president, over the weekend by phone, about the fiscal cliff. here's what jay carney said. >> forecast to be done, work is continuing to take place, the president spoke with both senator reid and speaker boehner over the weekend as you noted. he'll continue to have outreach with -- as he promised he would with various stake holders, business leaders and others this week. as well as conversations that are ongoing between his staff and folks on the hill....
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Nov 28, 2012
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i guess the opposite of the way they've negotiated inside with john boehner and others on past deals. >> yeah, the president feels he has very strong cards here and one of the strategies of the white house is that if we go over the cliff, if all those tax cuts are allowed to expire, the president has real ways to extract pain from the republicans. polls already show people are more likely to blame republicans and here's something very important. republican leaders know that. joe scarborough writes on politico right now that when eric cantor, the number two house republican was there on your set, that he noticed a different tone from him and seeing more and more signs of that as the week goes along, the republican leaders recognize that the president has an inaugural address, a state of the union address and a lot of high-profile ways to pin the blame on them and so today we have this remarkable movement position by tom cole, one of the most politically savvy republicans who told their whip team that they would be better off to cave, that they would be better off to give what he calls
i guess the opposite of the way they've negotiated inside with john boehner and others on past deals. >> yeah, the president feels he has very strong cards here and one of the strategies of the white house is that if we go over the cliff, if all those tax cuts are allowed to expire, the president has real ways to extract pain from the republicans. polls already show people are more likely to blame republicans and here's something very important. republican leaders know that. joe...
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Nov 28, 2012
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and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that social security and medicare not be part of this discussion, that's not a sustainable demand. everybody knows that entitlement programs, the president has said so, have to be part of this. now, exactly what proportion and when they're part of it, those are things that you can talk about, but, no, they are part of this deal. so are tax increases, and, you know, republicans taking out the position that, well, we can't touch tax rates, we can touch tax loopholes, everybody's got to wait and see how the math adds up. this is an extremely complicated and difficult thing. >> i don't think -- i don't think it's well
and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that...